Listing file

Vietnamese budget airline VietJet Air is preparing to list on the Ho Chi Minh Stock Exchange at a starting price of VND90,000 ($3.97) per share, it said in a filing to the exchange on Thursday, valuing the company at $1.19 billion. VietJet, Vietnam's biggest private airline, did not state a precise date for the listing but it had planned to join the exchange later this month. The company received a listing approval earlier this week from the Ho Chi Minh Stock Exchange. The airline had intended to list overseas by last year, but the plan was put on ice. Singapore sovereign wealth fund GIC and a Morgan Stanley investment fund are among 26 foreign investors which recently bought a stake in VietJet. Company CEO Nguyen Thi Phuong Thao, the nation's first female billionaire, is the biggest shareholder. The CAPA Center for Aviation has said that VietJet, which currently commands 40 percent of Vietnam's domestic market, will likely surpass flag carrier Vietnam Airlines this year as the … [Read more...] about VietJet Air seeks to proceed with $1.2 billion listing

Donald Trump's daughter Ivanka and her husband Jared Kushner have held onto real estate and business investments valued in the hundreds of millions while working government jobs, according to ethics filings released late Friday by the White House. The disclosures came in a mass document release showing the wealth and financial assets of scores of senior White House staff members at the time they began government work. Ivanka Trump's stake in the Trump International Hotel, located blocks from the White House, is one source of income that could represent a conflict of interest. Critics have noted that interest groups or foreign governments could stay at the luxury hotel to get in the administration's good graces. The White House documents show that Ivanka Trump and Jared Kushner, who are both officially close advisers to the president, are still getting income from holdings valued at between $240 million and $740 million. Ivanka Trump -- who just days ago announced she would … [Read more...] about Filings show Ivanka Trump, husband Jared benefitting from business empire

Hanoi (VNA) â The national flag carrier Vietnam Airlines has asked its shareholders to register their ownership by the end of this month to serve its trading registration on the Unlisted Public Company Market (UPCoM), which is expected in December.
The airline will finalise the list of shareholders on November 30, and it will cease to receive dossiers for transfer of securities ownership a day earlier, Vietnam Securities Depository (VSD) announced.
The state-owned airline will list nearly 1.23 billion shares with the face value of 10,000 VND per share, equivalent to charter capital of 12.3 trillion VND (549 million USD), on the UPCoM under the stock code of HVN.
The specific date of debut has been unclear but the company expects it in December, it said in a recent filing to VSD.
Vietnam Airlines made its public offering (IPO) in late November 2014 which raised 51 million USD via a sale of 3.47 percent of its capital.
In July this year, the State sold nearly 8.8-percent equity to … [Read more...] about Vietnam Airlines fixes shareholders list before UPCom listing

Hanoi (VNA) - Vietnam's largest brewer Sai Gon Alcohol, Beer and Beverage Corporation (Sabeco), known for its iconic Saigon and 333 brands, has filed a listing application to the HCM Stock Exchange, eight years after its initial public offering in January 2008.
The company's decision took into account its listing standards, market size and reputation, liquidity and investor interest of the two national stock exchanges, in which the HCM Stock Exchange gains an upper hand over the Hanoi Stock Exchange.
The listing timetable, as well as the reference price for the first trading day remains unclear, but Sabeco expects to finalise these issues by the end of this month.
Late in September, the Ministry of Industry and Trade approved Sabeco's listing on the HCM City's exchange and requested that the beer producer select a consulting firm to perform the listing procedures.
The listing of local beer producers has attracted big investors' attention over the last two months after the … [Read more...] about Sabeco applies for listing on HCM City stock exchange

Hanoi (VNA) - Vietnam Airlines, the countryâs largest aviation corporation, started trading more than 1.22 billion shares on the Unlisted Public Company Market (UPCoM) on January 3 at a starting price of 28,000 VND (1.24 USD) per share.
As expected, share prices, listed as HVN, hit theÂ daily limit riseÂ of 40 percent for the first trading day to 39,200 VND per share, putting the companyâs market capitalisation at more than 48 trillion VND. Before listing, it was traded at around 40,000 VND per share on the Over-The-Counter (OTC) market. Vietnam Airlines has contributed the second largest volume of shares in scale and value on UpCom. The largest is the Airports Corporation of Vietnam (ACV), whose 2.18 billion shares were listed on November 21. The corporation expects the listing to raise its brand profile and prestige on the market and mobilise capital for its investment needs. It also sees the listing providing the needed momentum to continue its restructuring itinerary, issue … [Read more...] about National carrier lists 1.22 billion shares on UPCoM

Heard, 30, filed the divorce petition in a Los Angeles court on Monday, citing "irreconcilable differences" with the 52-year-old Depp, the A-list actor who starred in "Pirates of the Caribbean," according to a copy of the court documents uploaded online by celebrity news website TMZ. Reuters could not independently verify the report. Representatives for the two did not return calls or emails seeking comment. The couple got married in February of last year after meeting when they appeared together in the 2011 film "The Rum Diary." The pair began dating after Depp split from his longtime partner, French actress Vanessa Paradis. Depp and Paradis are the parents of two teenage children, a boy and a girl. Depp and Heard made global headlines last year when they ran into legal trouble for bringing their Yorkshire terriers, Pistol and Boo, into Australia as Depp was filming the latest "Pirates of the Caribbean" movie, breaching the country's tight biosecurity laws. Heard was charged with … [Read more...] about Amber Heard files for divorce from Johnny Depp -media

Two Vietnamese - Vingroup chairman Pham Nhat Vuong and Sovico Holdings chairwoman Nguyen Thi Phuong Thao - have featured in the Forbes’s 2017 world’s billionaires list.
Vingroup chairman Pham Nhat Vuong (left) and Sovico Holdings chairwoman Nguyen Thi Phuong Thao are featured in the Forbes world’s billionairs.-File Photo
With his total assets rising by US$640 million in 2016 to touch $2.4 billion, Vuong has moved up 144 grades to rank 867th on the list, which was released on Monday. This is the fifth consecutive year that Vuong has made it to this Forbes list. Vingroup, one of the largest groups in Viet Nam, earns most of its revenue from property businesses, but now it is expanding rapidly into retail, agriculture, education, healthcare and logistics. Thao, who took her budget carrier Vietjet public in February, has featured on the list for the first time ever. She is also the first self-made woman billionaire in Viet Nam, according to Forbes. With total … [Read more...] about Two Vietnamese in Forbes’ billionaires list

Business magazine, Forbes, named Madonna the highest-paid musician in the world on Tuesday, estimating her earnings at US$125 million between June 2012 and June 2013. NEW YORK CITY: Business magazine, Forbes, named Madonna the highest-paid musician in the world on Tuesday, estimating her earnings at US$125 million between June 2012 and June 2013. Revenues from her MDNA concert tour plus sales of Madonna-related products and merchandise put the Material Girl, 55, well ahead of Lady Gaga at US$80 million. The Mother Monster's income would have been higher had a hip injury not forced her to abandon a global concert tour, Forbes said. Veteran rocker Bon Jovi placed third at US$79 million, followed by country star Toby Keith (US$25 million) and British band Coldplay (US$64 million). Forbes based its list, posted on forbes.com, on pre-tax income from ticket sales, royalties, merchandising, endorsements and other ventures. It doesn't take into account fees for agents, managers and … [Read more...] about Madonna tops Forbes 2013 highest-paid musician list

Viet Nam News Young musicians, actors dominate HTV Awards nominations HCM CITY - Young musicians and actors are spending their time, talent and skills in quality productions that are expected to win them new achievements at this year's HTV Awards, to be held here tomorrow (April 23). The annual awards, launched by HCM City Television and Đông Tây Promotion Promotions in 2006, honour performers who have contributed to the channel's development in TV, music and theatre. This year sees the rise of young artists in the music and TV series categories. Singer and songwriter Vũ Cát Tường was nominated for Favourite Composer and Favourite Singer. It is her second consecutive nomination for Favourite Composer. "I'm happy when continuing to receive recognition of listeners," said the 24-year-old musician, who brought home the HTV Awards for Favourite Composer last year. "It is my motivation to produce more and more quality songs," she said. Tường is well-known after being the … [Read more...] about Young musicians, actors dominate HTV Awards nomination list

HA NOI (VNS)- The Ministry of Culture, Sports and Tourism listed Dong Ho folk paintings as a National Intangible Cultural Heritage.
Originating from Song Ho Commune, Thuan Thanh District in the northern province of Bac Ninh, the woodcut paintings use diep paper and colours derived from nature to depict a wide range of themes, from good-luck wishes and historical figures to everyday activities and folk tales. In the past, Dong Ho paintings were an essential decoration during Tet.
The art, which dates back to the 11th century during the reign of the Ly dynasty, has long been considered a symbol of the traditional culture of Viet Nam.
Today, most local people have taken up more profitable jobs. The number of artisans who still pursue the traditional art can be counted on the fingers of one hand.
Nguyen Dang Che and Nguyen Huu Sam, two of those painters, have opened their workshops to tourists.
According to Nguyen Van Phong, director of Bac Ninh Province's culture department, the … [Read more...] about Dong Ho folk paintings listed as national heritage